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After rereading my messege it may come across as "I want you to provide me with this info" . My apologies there, I was really just speaking generally and not directed at you. But i am interested to know how the tax office may help with my LOE operating costs if i am making a 'loss' from the...

Tax man help? Rixter, I am not sure how they tax man helps you with your property servicing costs. If you are living off equity as you have portrayed in your example by drawing out $1000 a week, you are not paying any tax so how does the tax man help you. Surely you would only get...